Valuation: Morguard North American Residential Real Estate Investment Trust

Market Cap 510M 359M 317M 300M 272M 34.45B 515M 3.6B 1.39B 17.59B 1.35B 1.32B 56.62B P/E 2026 *
8.48x
P/E 2027 * 11x
Enterprise Value 510M 359M 317M 300M 272M 34.45B 515M 3.6B 1.39B 17.59B 1.35B 1.32B 56.62B EV / Sales 2026 *
1.44x
EV / Sales 2027 * 1.33x
Free-Float
48.2%
Yield 2026 *
5.42%
Yield 2027 * 5.52%
09-15 Morguard North American Residential Real Estate Investment Trust Declares September 2026 Distribution, Payable on October 15, 2026 CI
08-14 Morguard North American Residential REIT Declares August Distribution MT
08-14 Morguard North American Residential Real Estate Investment Trust Declares Distribution for the Month of August 2026, Payable on September 15, 2026 CI
07-30 Morguard North American Residential Real Estate Investment Trust, Q2 2026 Earnings Call, Jul 30, 2026
07-29 Earnings Flash (MRG-UN.TO) Morguard North American REIT Reports Q2 Revenue C$87.2M MT
07-29 Earnings Flash (MRG-UN.TO) Morguard North American REIT Posts Q2 FFO C$0.42 per Share MT
07-28 Tranche Update on Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN)'s Equity Buyback Plan announced on January 7, 2026. CI
07-28 Morguard North American Residential Real Estate Investment Trust Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026 CI
07-15 Morguard North American Residential Real Estate Investment Trust Declares Distribution for the Month of July 2026, Payable on August 14, 2026 CI
06-15 Morguard North American Residential Real Estate Investment Trust Declares Distribution for the Month of June 2026, Payable on July 15, 2026 CI
05-15 Morguard North American Residential Real Estate Investment Trust Declares Distribution for the Month of May 2026, Payable on June 15, 2026 CI
05-01 Morguard North American Residential Real Estate Investment Trust, Q1 2026 Earnings Call, May 01, 2026
04-28 Tranche Update on Morguard North American Residential Real Estate Investment Trust (TSX:MRG.UN)'s Equity Buyback Plan announced on January 7, 2026. CI

Last Transcript: Morguard North American Residential Real Estate Investment Trust

1 day-1.15%
1 week-8.02%
Current month-11.11%
1 month-11.11%
3 months-15.24%
6 months-15.76%
Current year-15.27%
1 week 10.32
Extreme 10.32
10.44
1 month 10.32
Extreme 10.32
11.43
Current year 10.32
Extreme 10.32
14
1 year 10.32
Extreme 10.32
14
3 years 9.52
Extreme 9.5212
14.16
5 years 9.52
Extreme 9.5212
16.03
10 years 0
Extreme 0
16.03
Manager TitleAgeSince
Chief Executive Officer - 11/11/2025
Director of Finance/CFO - 18/11/2018
Chief Operating Officer - -
Director TitleAgeSince
Chairman 79 29/02/2012
Director/Board Member - 29/02/2012
Director/Board Member 70 17/04/2012
Change 5-day change 1-year change 3-year change Capi.($)
-1.15%-8.02% - - 359M
-0.03%-1.60%-4.32% - 47.47B
+0.34%-0.30%+2.90%+29.16% 17.61B
+0.11%-2.10%-8.51%-16.16% 15.69B
+0.08%-0.60%-14.56%-7.94% 13.74B
-0.35%-1.65%-13.34%-5.45% 13.63B
-0.63%-2.57%-1.34%-7.85% 11.39B
+0.39%-1.92%-5.51%-8.93% 11.04B
+0.35%-0.44%-8.09%-4.82% 10.91B
+0.06%-0.86%-7.59%+4.10% 10.1B
Average -0.08%-1.11%-6.71%-2.24% 16.84B
Weighted average by Cap. +0.02%-0.84%-6.01%-1.18%

Financials

2026 *2027 *
Net sales 355M 250M 221M 209M 189M 23.99B 358M 2.5B 965M 12.25B 939M 918M 39.42B 382M 269M 237M 225M 204M 25.81B 386M 2.69B 1.04B 13.18B 1.01B 988M 42.42B
Net income - -
Net Debt - -
Logo Morguard North American Residential Real Estate Investment Trust
Morguard North American Residential Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. It owns, through a limited partnership, interests in Canadian residential apartment communities located in Alberta and Ontario, and U.S. residential apartment communities located in Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland. The objectives of the REIT are to generate stable and growing cash distributions on a tax-efficient basis; enhance the value of the REIT’s assets and maximize the long-term value of the Units through active asset and property management, and expand the asset base of the REIT primarily through acquisitions and improvement of its properties through targeted and strategically deployed capital expenditures. Its multi-suite residential property portfolio consists of 16 Canadian properties and 27 U.S. properties, having a total of 13,089 residential suites and 239,500 square feet of commercial area.
Employees
1,300
Date Price Change Volume
29/09/26 US$10.32 -1.15% 2,800
Trader
Investor
-
Global
-
Quality
-
ESG MSCI
BB
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
14.58CAD
Average target price
21.12CAD
Spread / Average Target
+44.89%

Quarterly revenue - Rate of surprise